Two new db X-trackers bond index ETFs from Deutsche Asset & Wealth Management have begun trading on the XTF segment on Xetra.
The db X-trackers II Australia SSA Bonds UCITS ETF enables investors to participate in the performance of the Australian bond market for the first time. The reference index comprises government and quasi-government bonds denominated in Australian dollars with an issue volume of at least 100 million and a residual maturity of at least one year.
The db X-trackers EUR Liquid Corporate 12.5 UCITS ETF is a reference index whose performance is based on two different components. German and French government bonds with a residual maturity of 10-20 years and a residual maturity of at least 20 years make up one component. This investment component serves to achieve a desired interest rate sensitivity (interest rate duration) of 12.5. The second component assesses the creditworthiness of 125 European companies with a relatively low credit default risk based on the yield of a fictional portfolio of five-year and 10-year iTraxx financial contracts.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,042 exchange-listed index funds, making it the largest offering of all European stock exchanges.